James Kwak, at Baseline Scenario, discussing Invisible Hands: The Making of the Conservative Movement from the New Deal to Reagan (W.W. Norton, 2009), by Kim Phillips-Fein:

It also contains this gem for anyone who thinks the American people suddenly developed warm and fuzzy feelings about the Constitution in the past two years. Describing the 1934 founding of the American Liberty League—a rabidly anti-Roosevelt, anti-New Deal organization—she writes (p. 10):

“The main topic of discussion was creating a ‘propertyholders’ association,’ as Irénée [DuPont] put it, to disseminate ‘information as to the dangers to investors’ posed by the New Deal. The group decided that the name of their association should not refer directly to property—it would be better to frame their activities as a broad defense of the Constitution.”